Spirit Airlines mulls bankruptcy, sending its stock price into nosedive
The Miramar, Florida-based discount airline is expected to file for bankruptcy protection from its debts in as little as 10 days or within weeks, sources familiar with the matter confirmed to CBS News. The Wall Street Journal first reported the looming bankruptcy filing.
Spirit Airlines preparing for possible bankruptcy amid failed merger, financial woes: Report
Spirit had been exploring a merger with Frontier Airlines, another low-cost airline, in hopes of restructuring its debt and other liabilities without a bankruptcy filing. In March, JetBlue and Spirit Airlines ended their proposed $3.8 billion merger after ...
JetBlue shares rose as Spirit Airlines faces potential bankruptcy, affecting investor confidence and industry dynamics.
Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with ...
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